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Monetary Aggregates - Instrument of the Policy Promoted by the National Bank of Romania

Author

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  • Coralia Emilia Popa

    (University of Craiova, Romania)

Abstract

A summary analysis of the economic theory and practice indicates the fact that the attempts to establish and delimit the importance of the economic-financial last resorts to the effects produced in macro and micro-economy have not lead to infallible truth. The goal of these last resorts is to organize an economic system in difficulty, to try to minimize its imperfections and non-functionalities. The society development has brought along the need to improve these attempts, so that together with other administrative methods to produce viable and productive solutions for the economy progress. This paper aims at emphasizing the advantages of using monetary aggregates, as well as their limitations under the direct influence of monetary factors, considering that these indicators are commonly used in many models of monetary analysis, especially in Neo-Keynesian ones.

Suggested Citation

  • Coralia Emilia Popa, 2012. "Monetary Aggregates - Instrument of the Policy Promoted by the National Bank of Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(4), pages 211-218.
    • Handle: RePEc:pet:annals:v:12:y:2012:i:4:p:211-218
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    Citations

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    Cited by:

    1. Oana Dobre-Baron, 2018. "An Analysis of the Structure of Romanian Monetary Mass," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 18(2), pages 5-12.
    2. Constantin ANGHELACHE & Alexandru MANOLE, 2016. "The use of Regression Model In analysing the correlation between the monetary situation and the balance of payments," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(7), pages 30-35, July.

    More about this item

    Keywords

    monetary aggregates; monetary policy; NBR; monetary policy interest rate;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects

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